Ethereum staking protocol Lido Finance has revealed that its protocol witnessed 20 slashing events thanks to a series of infrastructure and signer configuration issues in connection with validators operated by Launchnodes. 

Lido revealed the initial impact was around 20 ETH, worth $31,000. The validator involved has been taken offline. 

20 Slashing Events 

According to an update by Lido Finance on the 11th of October, the protocol stated that all Launchnodes validators have been taken offline, and the slashings have stopped. The protocol also looked into the root cause of the slashing events. According to Launchnodes, the slashing incident occurred on the 11th of October at around 3:30 p.m. UTC. 

Lido Finance stated that the slashing events took place on the …